Deciding whether or not to trade futures on Webull involves considering several factors, including trading experience, risk tolerance, and financial goals. Futures trading offers potential advantages such as leverage and the ability to hedge against risk, but it also carries significant risks and requires a high level of knowledge and skill.
Futures are financial contracts that obligate the buyer to purchase (in the case of a long position) or the seller to sell (in the case of a short position) a specified quantity of an underlying asset at a predetermined price on a specified future date. Webull is an online brokerage platform that offers futures trading to its clients.
